Fiskars Oyj Abp Full Year 2023 Earnings: EPS Beats Expectations

Fiskars Oyj Abp (HEL:FSKRS) Full Year 2023 Results

Key Financial Results

• Revenue: €1.13b (down 9.5% from FY 2022).
• Net income: €69.9m (down 29% from FY 2022).
• Profit margin: 6.2% (down from 7.9% in FY 2022). The decrease in margin was driven by lower revenue.
• EPS: €0.86 (down from €1.21 in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Fiskars Oyj Abp EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.3%.

Looking ahead, revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Consumer Durables industry in Finland.

Performance of the Finnish Consumer Durables industry.

The company's shares are down 1.5% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Fiskars Oyj Abp you should know about.

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